REAL AF with Andy Frisella - February 14, 2017


Self Made, with Andy Frisella - MFCEO126


Episode Stats


Length

1 hour and 6 minutes

Words per minute

207.80606

Word count

13,827

Sentence count

12

Harmful content

Hate speech

83

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode of the Mf ceo project, we have a special guest on the podcast, entrepreneur Mike Dillard. Mike is an entrepreneur, entrepreneur, and entrepreneur extraordinaire. He is also the host of the self-made man podcast, The Self Made Man Podcast, which I ve been on for the past 2 years. Mike and I have been friends for a long time, but it s only been the last 2 years that I ve realized how much of a liability and disservice my talent has been in my life, and how hard work gets you where you need to be.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 what is up guys you're listening to the mf ceo project i'm andy i'm your host and i am the
00:00:12.460 motherfucking ceo guys if this is your first time listening welcome this is a podcast for 0.67
00:00:19.620 personal development this is the podcast that you're going to listen to and it's going to punch
00:00:24.700 you right in the fucking throat and make you realize that most of the time you're being a 0.99
00:00:29.660 total pussy okay it's not just for being a ceo it's not just for being a business owner it's not 0.98
00:00:36.740 just for entrepreneurs it's about being the ceo of you okay because that's what we all are at the
00:00:43.360 end of the day and you know what's better than being the ceo of you is being the motherfucking
00:00:48.380 ceo of you where you go through life kicking ass having a good time full of confidence and basically 0.64
00:00:55.900 making everyone around you better at the same time as always guys i'm here with my co-host
00:01:04.200 vaughn kohler aka vaughn the impaler the pastor of disaster what's up my man i'm doing great man
00:01:12.920 it's a beautiful day in st louis you know what it is beautiful it is we uh we woke up it was raining
00:01:19.320 yeah and uh my cars were supposed to get detailed today and i was like fuck because that's a big 0.89
00:01:24.860 deal for me man my car's got to look fresh yeah you know it's kind of like your head like your
00:01:29.220 head's always looking shiny and fresh i want my cars to look that fresh i like to keep it shiny and
00:01:33.200 yeah it looks good bro your head is the inspiration for the paint on my cars that's i know i'm not sure
00:01:40.160 what to say about yeah you should it's a compliment yeah yeah yeah so can i share something with you
00:01:44.560 that you could always share something okay well it has to do with your impact on my life okay so so
00:01:49.500 if you accuse me of uh ass kissing yeah okay oh see i said now i'm gonna i'm gonna i just used 0.81
00:01:55.660 the word ass so i'm gonna get all this yeah the pastor said no no but i realized what i realized 0.58
00:02:02.140 and this is pretty huge for me i realized that for most of my life well really for all of my life
00:02:07.580 i've been a pretty talented guy like i have i have i have some pretty there's nothing like humility
00:02:12.800 yeah yeah yeah but and this is where it's going i realized how much of a of a liability and a
00:02:20.180 disservice that my talent has been because it's not it's it's only been the last two years that i
00:02:25.620 realized in working with you i'm like talent really doesn't get you anywhere hard work gets you places
00:02:32.120 you want to know my criticism discipline my criticism to you is this what's that i will agree
00:02:37.600 you're extremely talented yeah my criticism to you is that you don't always let people see
00:02:44.980 how talented you are and you hide in it you hide a little bit but i'm the co-host it's okay but i
00:02:51.340 like the fact that i saw you getting photos taken yesterday and i see you working on your personal
00:02:55.640 shit that that makes me feel good because i see you coming out of your shell and saying all right look 0.58
00:03:01.100 i'm gonna be who i am i'm gonna let people know it that's what this is about but man i mean i've
00:03:06.240 been getting up and i'm not i'm not bragging i'm like i'm literally like telling you thank you on
00:03:10.000 the and i know i didn't i did but i i'm getting up i can like pull my pants straight down like bend
00:03:14.280 over if you want to kiss it i'm just saying like no but but i it there is a rush now that i'm getting
00:03:20.960 at 4 30 in the morning i'm getting up at 4 30 yeah man it feels good to be you it feels good yeah
00:03:25.480 that's right yeah so i'm trading in my versa any minute now there you go you're trading in the
00:03:30.420 vagina mobile that's right yeah so so guys first of all that is exactly what this podcast is about
00:03:38.380 and that's super cool to hear especially from you yeah um and you guys don't realize how hard vaughn
00:03:44.600 works and tyler by the way just so everybody knows mc salmon is wearing his salmon shorts today i got
00:03:51.140 tired of hearing you bitching yeah so mc salmon is in the house fully dressed with his shorts and that
00:03:58.280 means as you guys know that we're gonna have a killer podcast and i have no fucking doubt about 0.87
00:04:03.180 that because we have a super special guest today on the podcast his name is mike dillard he's an
00:04:10.620 entrepreneur he's an ass kicker he's a car guy he's also the host of the self-made man podcast which 0.55
00:04:17.060 i've been on is amazing podcast if you guys aren't subscribing to that podcast you need to welcome
00:04:24.200 my brother how you doing oh thank you man it's uh it's a bit surreal being here in the office after
00:04:30.180 you know listening to you for a year now and vaughn uh kicking ass so this is fucking awesome man yeah 0.93
00:04:35.780 yeah dude uh we we just recorded this morning um an episode for his series uh why don't you tell
00:04:42.660 everybody about like what you do with the podcast and your your uh video series and everything you know
00:04:47.540 much like mfceo it started about a year and a half ago as a passion project uh the goal was
00:04:53.080 basically to provide leaders and mentorship to young men specifically uh out there because as
00:04:59.500 i've looked at the world over the last i'd say 10 years you know in particular i don't know about you
00:05:05.000 guys i've seen a massive degradation in the values of you know american society from the top down you
00:05:11.620 know from washington to to companies uh who are lying stealing and etc and it it appears to me that
00:05:18.420 what's being taught to young individuals in high school and colleges that get whatever is yours by
00:05:24.740 any means possible whether there's honesty and integrity behind it or not right and that's not
00:05:29.260 a world i want to live in no um so and it's a short short term look at the at the whole big picture
00:05:34.300 it's just it's the exact opposite of what this nation was founded upon and why we've been successful
00:05:39.020 and so you know i asked myself okay what can i do to possibly have an impact on that
00:05:45.060 and if you look back in history you're basically asking a question of well you know how do you
00:05:50.140 change a society and there's two options there's with the barrel of a gun uh or there's by impacting
00:05:56.260 the value system of the next generation right and so that was the goal i was like you know what i can
00:06:00.600 do a podcast i can do it for free it can be disseminated all over the world and we can put role
00:06:05.140 models back in front of the next generation that will put us back on track so that was uh the inspiration
00:06:10.660 and why we started a year and a half ago yeah very very similar if you guys like this podcast
00:06:15.240 you will love his podcast as well it's a very very good rich content a little more refined than i would
00:06:22.600 say i am but that's okay you know everybody's got their own style um and people who get what you just
00:06:28.480 said get 100 why andy wrote a children's book right 100 yeah they understand that that's the long
00:06:35.840 game are you plugging the children's book right now uh that was a good effort well yeah that was
00:06:40.060 a good seamless yeah yeah yeah so otis and charlie.com yeah there you go there you go e-y charlie why
00:06:46.540 so yeah so mike is also uh very much into making a difference it's not you know like we talk about on the
00:06:55.300 last episode with gerard being an entrepreneur is is so little about the money it just so happens that
00:07:04.100 when you make a big impact and you make uh you know people's lives better and you improve the
00:07:10.640 situation at hand money comes with those things and that's why mike has been a very successful
00:07:16.400 entrepreneur he's he's been uh in the info space uh publisher copywriter very successful guy um
00:07:24.440 very jealous of his brand new car he just got a brand new ferrari 48 spider and i'm not even a ferrari
00:07:30.960 guy and the thing makes me gives me a little eggplant if you know what i'm saying all right
00:07:35.340 everybody knows what that means but uh so tell us a little bit about your entrepreneurial journey
00:07:41.780 sure you know i knew i wanted to be an entrepreneur uh in high school because i used to mountain bike
00:07:47.640 race professionally and and i weighed tables at the original macaroni grill in bernie texas uh during
00:07:52.720 my that's the original huh yeah before it was you know a chain and bought out my brinker
00:07:56.460 and um so the food was actually good back then but yeah i used to table wine man they bring out
00:08:02.240 the table wine it's total shit wine but man i get drunk on it it was it was a riot you get a two and 0.85
00:08:08.180 a half hour wait with people having free jugs of wine in front of them for a half hours it's a party
00:08:12.380 yeah um you know so i would train during during the week and weigh tables and bus tables on the
00:08:18.920 weekends while my friends were out partying uh maybe i'd have you know an event that i'd want to go to
00:08:24.480 and i'd get slammed with a double yeah you know for my manager and i'm like fuck i i can't believe 0.89
00:08:30.240 that i'm giving somebody else control over my schedule and my time and my life and that basically
00:08:35.480 planted the seed that i was not going to let that happen right as i got older so that began my my
00:08:41.480 venture into entrepreneurship i'd come home at one o'clock smelling like food and sweating after you
00:08:45.360 know 12 hours running on the floor and what do you do when you when you turn on the television at
00:08:49.980 midnight and one o'clock you see infomercials right right for tony robbins and carlton sheets and all
00:08:54.320 these guys so here i was carlton sheets dude i haven't heard that name in 20 fucking years 0.99
00:08:59.940 nobody's gonna know who that is except you and i because we grew up with that shit dude right yeah 0.83
00:09:03.320 holy shit that just brought back a flash of memories i think he's probably the guy i picture in my mind
00:09:08.300 but do you remember brad richdale yeah yeah nobody remembers that motherfucker i bought his product i 0.94
00:09:12.980 did too yeah that's how i seriously no bullshit i'm probably like one of the only guys ever that 0.51
00:09:18.140 actually bought his shit and learned something and made a bunch of money from it i did i did it i 0.87
00:09:22.100 his program was good dude yeah i wrote my first thing in college based on his course so that's
00:09:26.140 hilarious got me down this track and uh and then after that it you know my businesses have always
00:09:31.840 been inspired by my own personal problems or challenges and so i you know i'm an introvert i
00:09:38.780 was extremely extremely shy growing up in high school uh even in college and if you want to start a
00:09:45.100 business you have you learn very quickly that you're going to have to freaking sell something
00:09:48.420 and talking to an introvert who doesn't like to talk to people that that's a nightmare uh so i
00:09:54.340 spent several years going doing everything i could to try and figure out how to sell i no matter what i
00:09:59.400 did i hated every second of it um and i discovered dan kennedy uh years ago in my 20s who had you know
00:10:08.420 basically written about the concept of attraction marketing and using direct response uh and what i
00:10:13.800 realized from that is you know what i can actually write a letter or put up a website with a letter
00:10:18.700 and sell something without actually having to talk to someone and that changed my life uh i went from
00:10:25.160 waiting tables at a pf chang's in my in my mid-20s by that point to learning how to write copy uh spent 18
00:10:31.880 months mastering that skill set wrote a letter selling an e-book that i had written for for a previous
00:10:37.800 skill set and essentially sold that for 39 a copy i had to print it at kinko's every week i'd go down and have
00:10:43.720 a two or three hundred spiral bound books printed for for 300 uh about three bucks a piece i'd sell
00:10:50.360 them for 39 online with a little letter that i wrote i bought some traffic on google adwords
00:10:54.520 and within a couple of months i was selling uh 40 to 60 000 a month of that book wow um what year was
00:11:01.160 that 2007 okay yeah so uh so that's when i i realized a couple of things first and foremost if you
00:11:09.080 understand your personality type and you and you accept that uh the sooner that you start to learn
00:11:13.960 skills that are aligned with your your methodology or the way your brain is wired the better instead
00:11:19.240 of fighting against it uh the moment i did that is is everything started going really quickly so that's
00:11:25.240 an important thing to note man you know trying to stick a square peg in a round hole it's just
00:11:31.560 you can make it work you know what i mean but there's always a way there especially in
00:11:37.560 entrepreneurship i do believe there's always a way for all personality types to be successful
00:11:41.640 because i've seen entrepreneurship is it's people who are like aspiring entrepreneurs think they have
00:11:48.760 like they watch somebody like me or they watch somebody like let's say tony robbins or they watch
00:11:53.480 these dudes and they think you got to have this crazy like energetic in your face like charismatic
00:11:59.880 personality you don't in fact a lot of times my personality hurts me because of the way i react
00:12:06.200 and my and and in the way i communicate you know so you know to you guys listening who think that
00:12:13.000 you're missing something by not having that that's actually a lot of times the opposite you know because
00:12:18.600 i can give you a million examples where me being the way that i am with people has hurt me rather than
00:12:24.040 help me well if i had if he forced me to build a business based on uh what gary vaynerchuk does
00:12:30.360 every day right i would fail right miserably yeah and i could do it but i would suck at it and i would
00:12:35.560 be personally miserable yeah i'd be done in a couple of weeks right um so coming to that conclusion and
00:12:43.960 really realizing how i was you know meant to pursue business was was huge and uh you know a great place to
00:12:50.120 start for that is your myers-briggs uh figuring out what personality type your personality type you
00:12:54.680 have uh your colby test your strengths finder 2.0 yeah just figuring out how you were freaking wired
00:13:00.120 right uh is the first thing you need to try and develop some some real self-awareness on the spot
00:13:05.720 yeah right yeah man i think you know a lot of people go their whole lives without ever like
00:13:10.840 trying to figure out what what they're meant to do right like it's like the example of basketball like
00:13:18.760 the dude's 5'8 180 pounds and he thinks you know he's trying to be michael jordan it's like bro
00:13:24.440 right it wasn't fucking meant for you you know and that's okay yeah right no that is okay your 0.95
00:13:29.560 shit out yeah right exactly man it's just such a and and and i feel like um you know with entrepreneurship
00:13:37.240 now you have so many guys out there that are of similar types you know they're good salespeople
00:13:46.520 they're they're vocal they're charismatic they know how to speak to people that everybody out
00:13:51.560 there that thinks if they don't have that that they're not going to be able to be successful
00:13:55.400 dude i know so many more entrepreneurs that aren't that way that are far far more successful than i am
00:14:01.320 yeah you just don't see them yeah they're not they're not right yeah right so you know if you're
00:14:06.840 listening and that's you you're not missing anything right you know i i think that's a big i get a lot
00:14:11.880 of emails from people that say things like that they're like how do you do that it's like bro i'm just
00:14:15.720 working with what i have you know and that's a huge deal so with that project i mean was that the
00:14:20.680 first time in your life that you made real money i guess it sounds like it was oh yeah i mean literally
00:14:26.600 i was waiting tables at a pf chang's living in my parents house right you know and and uh i had a
00:14:31.960 corporate job in dallas recruiting surgeons and i think that's a kind of a really important part of
00:14:36.440 my story actually is after four or five years of utter failure um i moved to dallas got a job in
00:14:43.160 corporate america with one single intention which was to get a job that would provide me with a
00:14:48.120 skill set that i could apply to my business so i never once stopped working on the business or
00:14:52.200 thinking about it but i realized what my stopping points were what my blocks were and it was it was
00:14:58.200 selling and being timid and so i was like all right if i've got to get a job i'm gonna freaking
00:15:02.840 learn something from this job and it's gonna have a meaningful impact on my business goals so uh how do you
00:15:09.160 you get over fear you know of the phone you get a job recruiting surgeons that you know they sit you
00:15:13.640 down in a desk that's completely empty drop a five inch binder in front of you that has 10 000
00:15:19.240 doctor's offices phone numbers and say start dialing 300 300 calls a day yeah my phone fear was gone
00:15:24.360 within 24 hours so so even so i i always like to jump in and point out the points but like dude the best
00:15:31.240 way to get over fear is to fucking go right at it man right and like you know just because something 0.87
00:15:37.960 isn't made for you doesn't mean you can't develop a tremendous skill for it you know and and dude
00:15:43.400 that's i think that's a big thing that holds people back right they they they see they see
00:15:47.400 something they have to do they're like i could never do that so they never try what was interesting
00:15:51.960 i don't remember where i read it it might have been tony robbins or somewhere but i read somewhere that
00:15:57.480 there are a lot of things that you won't be willing to do for yourself that you'd be willing to do for
00:16:01.400 someone else like a boss yeah and i was like okay let's give that a shot and sure enough you know i
00:16:06.680 wasn't willing to do this for myself for five years but you sit me down with you know someone
00:16:10.120 who has expectations for what i need to do that day and i did it right and uh i did that for about
00:16:15.800 a year and i was like okay well what's what's my next fear and the next one was selling in person so
00:16:21.720 uh quit that job got another one for a startup in downtown dallas and outside sales in the telecom
00:16:27.320 industry and the goal was here's your territory you go into this high rise and you go to the top floor
00:16:34.440 you sneak past security and you knock on doors until you get kicked out and you're trying to
00:16:39.160 sell the service and you talk about the worst scariest thing on the planet for someone like
00:16:42.920 me at the time that was hugely terrifying yeah uh you know i i lasted i think two weeks but sure
00:16:50.360 enough i did it i figured out how to sneak past the guard i'd essentially put my cell phone up to
00:16:55.080 my ear and and pretend i was on a very important phone call not make eye contact with the security
00:16:59.000 desk go straight to the elevator and i'd make it like five or six doors before they caught on but
00:17:03.160 mission accomplished right right yeah that's awesome man it is awesome and another thing too
00:17:08.200 like that i hear him saying also is like for you guys that have a job right now and it's not your
00:17:13.240 end goal this is another area where people fuck up constantly this isn't what i want to do so i don't
00:17:18.920 fucking apply myself well first of all you can learn to be great at a lot of different things by just 0.84
00:17:26.520 being great at your job you're at now right and not only that you develop the habits of working hard
00:17:31.720 and the habits of focusing and the habits of trying to be the best those are all habits they're not
00:17:36.760 character traits and so whatever your job is right now you know you notice that mike said if i'm going
00:17:42.760 to have to have a job i'm going to learn something dude take that mentality with what you're doing now
00:17:47.560 because you will always carry that with you you know nobody wants to you know well most people don't
00:17:54.360 want to fucking shuffle fries but you know what if you're gonna shuffle fries make some good 0.93
00:17:57.640 fucking fries right you know what i mean so it's a it's a great thing to hear that i think people
00:18:03.160 need to hear that yeah i'm biggest opportunity for someone in their 20s get a job in the industry that
00:18:09.160 you love that you want to get involved in and just learn you know i you know whenever i valet one of my
00:18:14.920 cars right and in austin there's these young guys who've been valeting my cars wherever i go for years
00:18:20.440 downtown they you know change locations or whatever and they're in their 20s they're smart they've got a good
00:18:25.480 attitude and i still see them three years in and i'm thinking to myself what the hell are you doing
00:18:30.840 you're not learning anything from this job go somewhere else and do anything right that's in
00:18:36.200 line with something bigger you know that you have in store for yourself right for sure man so i want to
00:18:41.400 state the obvious but what i see in you mike is that what is true of pretty much every successful
00:18:47.240 person entrepreneur or otherwise it's not you don't come to the table with all these assets necessarily
00:18:53.000 although i'm sure you have them but you you come with a disposition that says all right well i'm
00:18:57.720 going to do what i need to do to learn and i'm going to do what i need to do to to add some ingenuity
00:19:02.760 to what i'm you know to my plans for life you know and so i i feel like that's something that people
00:19:07.720 need to realize again and again is that you know it really isn't about talent like we were saying
00:19:12.520 earlier isn't it about it isn't about having all these natural assets it's about having the disposition
00:19:17.240 that says i'm going to get it done i'm going to i'm going to learn stuff i'm going to develop
00:19:21.240 myself no matter what i have to do yeah you know if you have a goal in mind and you know where you
00:19:27.000 want to end up you simply figure out what you need to do to get there and you just go get it done i i
00:19:31.800 just don't know how any other way to operate right but dude so many people still they use that as like
00:19:37.240 there's so many people listening right now that are saying oh i need a website but i don't know how
00:19:41.720 to build a website well fucking google the motherfucking shit you know what i mean right like oh i need to 0.97
00:19:47.080 learn how to sell but i don't know how to sell well go try to sell and fucking learn as you go 0.97
00:19:52.440 like that's what entrepreneurship is it is not a set path like nobody grows up with a
00:19:59.160 fucking production team and a graphics department and uh and uh you know all this other shit that 0.89
00:20:05.800 people have we don't even have that yet no no i got a fucking iphone and i got mc salmon i mean 0.98
00:20:12.680 fuck let's let's be let's be honest andy i think i think if someone's asking those questions or 0.69
00:20:18.280 making comments like that yeah they're really not cut out to be an entrepreneur i agree i agree
00:20:24.120 those are not questions that come up with you entrepreneur is the new rapper it's a new cool
00:20:28.120 thing sure it's the thing that everybody wants to be now so everybody thinks that if they don't have
00:20:32.920 a job and they have an idea of a business that there's some sort they could put entrepreneur in their
00:20:37.800 fucking profile and they're an entrepreneur like dude no entrepreneurs take an idea and they figure 0.87
00:20:44.280 out how to make it fucking happen and that's that like professional problem solvers yeah 100 all the 0.87
00:20:50.200 time that dude that's funny we were talking about this on on your show earlier like that's exactly what
00:20:56.440 it is like people will write in and they'll say well i'm having this issue with this or i'm having
00:21:01.400 this issue with that and i'm having this issue with my team and i'm like is they're like is this normal
00:21:07.000 and i'm like dude that's what you do like your job is to fucking make those things go together like 0.94
00:21:14.600 it's it's just that's what it is and uh you know so many people feel like they look at guys who are
00:21:21.640 successful and they say that guy's got it all figured out no i don't have it all figured out you
00:21:27.640 don't have it all figured out fucking dude the conversations you and i were just having off off 0.97
00:21:32.680 camera and off off microphone about your brand and my brand like dude we're still learning from
00:21:38.120 each other and we're talking like this is not you cannot look at somebody and and pretend that like
00:21:44.280 because they're at a certain point i'm 18 years in my journey and you think i have it all figured
00:21:51.560 out i don't have it all figured out but i learn new shit every fucking day you know and that's the 0.95
00:21:56.360 thing you know you have to be willing to go out dude when i was playing football i can remember
00:22:03.400 this specific deal so one time we were doing this drill and we had to run like 30 yards and we had
00:22:09.480 to like break one there was two dudes one was holding a pad and the other dude was holding a pad
00:22:14.360 and you had to run as fast as you could and try to break through the fucking pads and like no matter 0.94
00:22:18.920 how fucking hard i ran at the pads i got fucking knocked on my ass every fucking time and you know what 0.99
00:22:25.320 what would happen is you would watch other guys and other guys when they got like five yards out
00:22:29.880 from the pad they would slow down and then try to like weasel their way through the pad not me i still
00:22:35.800 ran as hard as i could into the fucking pad every fucking time because i thought that one of those 0.98
00:22:41.000 times i was going to knock those motherfuckers down and that's what entrepreneurship is about
00:22:46.040 entrepreneurship is about running as hard as you fucking can every fucking time and getting the
00:22:51.880 fuck back up and trying again that's it and like dude people think that this little obstacle or that 0.89
00:22:58.920 little obstacle or this dude i get knocked on my ass every fucking day at least once at least once 0.99
00:23:04.520 every day whether it be from you know our retail company or our first form or something you know that
00:23:11.880 i'm working on there's things that don't go my way every single day and that's life that's part of the
00:23:17.400 deal that's what you're signing up for entrepreneurship is the goriest bloodiest messiest profession that
00:23:24.120 you could ever fucking be in mentally you know what i mean and uh it's not for everybody but if you're 0.90
00:23:31.560 not going to be willing to get up when little bitty shit happens you're sure as fuck not going to be 0.90
00:23:36.840 able to get up when you get a two million dollar fucking tax bill like i did you know well like we 0.94
00:23:41.000 talked about on your show and and you don't have the money to fucking pay it you know it's well so 0.88
00:23:48.200 like i said if that's where somebody's at they're they're not being honest with themselves so let's
00:23:55.080 talk about you know how we can we can serve the people who aren't asking those questions and we're
00:23:59.240 like i'm fucking doing it right yeah what uh what is there the biggest challenges that you hear back 0.86
00:24:03.720 from your audience on on you know guys and gals that are going for it actually i think this i think
00:24:09.480 that's a great question for you to answer because what i get a lot and it's something i don't know
00:24:14.200 a lot about is that a lot of these kids are trying to work with info products and they're learning how
00:24:20.120 to develop an info product like you you did with your book um and and sell that where to sell it how
00:24:26.600 to develop it and what are the options for them how to market it and you know you're much more qualified
00:24:31.640 that's what you do so i think that i get literally questions about that all the time and i know very
00:24:36.200 little about it sure yeah you know so i think step one in in this process again is identifying
00:24:42.040 what is your biggest challenge or problem in life or your passion because this is something that
00:24:46.520 you're going to be talking about writing about or you know dealing with for for years to come so
00:24:51.800 it has to be something that you're unbelievably into you know whether it's your it's your job or
00:24:57.160 you're not you know or not so that's step number one and the other option for that is from a
00:25:02.360 transformation perspective where are you most dissatisfied in your life so for me the last
00:25:08.280 business i started was in the the financial education space because i had built you know
00:25:12.680 a multiple eight-figure business in my 20s and i turned 30 and i had absolutely nothing to show for
00:25:18.440 it except a house a boat and some really badass cars and a lot of great memories as you know any guy
00:25:24.520 in his 20s who's making millions of dollars and single would have yeah um and then you you hit 30 and
00:25:29.320 you're like oh holy shit you know i'm kind of getting old now and it's time to grow up a little 0.84
00:25:33.240 bit and uh you know fact of the matter is is that my parents are unbelievably hard-working amazing
00:25:40.040 individuals but you know middle class upper middle class and and their financial education was having
00:25:46.680 an advisor and mutual funds right right so not uh necessarily the best teachers when it when it came
00:25:52.520 to money uh this was around 2008 so the world had just blown up financially and when i went to the
00:25:58.440 bookstore to to start to dive into this topic every book that i found was now irrelevant you know buy
00:26:04.120 your single family home and your diversified portfolio and like all of that shit had just
00:26:07.560 blown up right you know so i'm like okay i know what not to do i just saw half the world lose you
00:26:15.240 know 40 of their portfolios uh but i didn't have an answer yet so for me that was my biggest passion
00:26:21.400 at the time it was figuring out this problem in my life where i was completely weak and i had no
00:26:27.080 expertise or knowledge or experience at all so that became my business and so whatever your
00:26:33.640 challenges in life maybe it's personal fitness maybe it's parenting uh communication i mean pick
00:26:39.480 a topic if that's something you really want to change uh in your world turn that into your business
00:26:45.320 become the expert that's it right and you know for me i wasn't intending to become an expert i just
00:26:50.600 wanted to learn enough to take ownership of that part of my life right so that i could make educated
00:26:56.360 decisions and so you know the next question is well you know mike if you don't know anything
00:27:01.720 how can i possibly start a business around this if if i'm you know ignorant on the subject matter
00:27:06.360 great become a host and that's essentially what i did is like look i'm not the expert in this world
00:27:11.320 i'm just here to learn about it and if you want to follow in my journey you know i'm going to
00:27:16.280 interview people every week and we're going to learn about different types of investing and real
00:27:19.880 estate and gold and things like that and let's figure this out together and that turned into
00:27:26.040 a business that did 10 million in revenue in the first 12 months you know we did 3.2 million in
00:27:30.680 the first seven days and the entire premise was me saying i'm an idiot when it comes to this topic but
00:27:35.960 i'm going to figure it out and if this is an area of your life that you want to improve on as
00:27:39.480 well then let's go do that together um so you don't have to be an expert you don't you just have
00:27:44.520 to have a passion for the subject and you have to see it as a problem you want to solve for yourself
00:27:48.440 and for others and that was sorry i'm a little slow on the uptake that was specifically what
00:27:52.840 business uh it was called the elevation group the elevation and it's no longer it's no longer
00:27:58.040 it's no longer business but i sold my interest in that uh a few years ago but as we talked about
00:28:02.840 earlier today that was my most successful business you know in the first year too and the in the second
00:28:08.040 year turned into my my biggest challenge in life when one of the guys i ended up interviewing
00:28:12.920 turned out to be a con man and uh i ended up blowing up the business and cost me everything
00:28:18.760 that i ever made and and it was a huge huge learning lesson but um yeah that's a whole that's a whole
00:28:24.840 nother whole nother subject matter it's part of entrepreneurship yeah you're gonna get punched in
00:28:28.600 the mouth hard yeah and sometimes you're gonna question like what the fuck am i even doing and 0.89
00:28:34.440 the true entrepreneur is going to get up and say i can't do anything else this is just what i am
00:28:39.160 yeah absolutely there is no other option so what so when you say you did 3.2 million in the first
00:28:44.520 seven days how how did you get that much momentum behind it so quickly you know i can think of less
00:28:52.360 than five or six individuals who've been producing products in the info space or the education space
00:29:00.760 as long as i have for let's say 10 years right they come and go and so what's the difference between
00:29:07.640 us and and everybody else and the first and most important piece of this entire process
00:29:13.880 is just like first form it's to produce a quality product right um and second it's to always always put
00:29:21.240 your relationship with your customers and your audience first because
00:29:24.760 that's what this entire business is based upon it's based upon trust somewhere someone's only
00:29:30.360 going to buy a course or a book for me if they know like and trust me and if i betray that trust
00:29:37.080 and i put money first or if i put out a shitty product or whatever it may be that's good done right
00:29:41.880 right so the to answer your question how did we acquire 8 600 customers and three million dollars
00:29:48.840 in revenue in a week uh i'd say 70 of that came from my audience who'd followed me from the previous
00:29:55.320 company and uh it was basically like mike we love your stuff we've you know bought it in the past if
00:30:03.000 you think this is great we're in right and so there was no sales pitch required basically for the most of
00:30:07.480 that that's the value of of that's the value of of giving and contributing and providing real value
00:30:15.800 and never asking for anything in return the long game right it's the long game and it's just doing
00:30:20.280 what you said you're going to do and never ever selling out your your audience for money right i
00:30:24.280 love it well it's dude the alternative is to screw people over make a little bit money and then you
00:30:28.200 ruin your reputation and then you're toast and then you're done then you're selling fucking snow 0.98
00:30:31.160 cones right right right outside the fucking road mike uh very practical question we get this 0.91
00:30:36.360 question a lot from people that email us all the time and andy would love to hear what you have
00:30:41.480 to say on this in those early you know moments when you're starting to really kill it and you're
00:30:47.560 making a lot of money okay we get this question all the time what's the first thing you bought well
00:30:53.560 we do that we're gonna go down a car rabbit hole no but uh it's gonna be in a car show
00:30:59.400 the question is is there a guideline for how much you reinvest in your company like how much money you
00:31:06.200 enjoy and how much you reinvest back into the company so that's an interesting question when
00:31:12.040 it comes to the digital product space because our cost of goods sold is zero you know an ebook to sell
00:31:19.080 one copy is the same cost of goods sold as a million copies right so the infrastructure that you can run
00:31:25.240 a digital info business on is literally three or four hundred bucks a month it's your shopping cart and
00:31:29.880 you know maybe a little tech guy help and that's about it so from an investment standpoint there's
00:31:37.480 not a lot of places to put it unless you start to have a really big vision for your team of which there
00:31:42.280 have only been a couple of people who've done that um robert kiyosaki has done it um tony robbins has
00:31:49.720 done it and then uh dean graziosi has done it so these are guys in the info space who've put money into
00:31:55.880 staff built a company and who now do you know i'll do 100 to 200 million dollars plus a year in revenue
00:32:01.640 but that staff is i'm assuming like production staff primarily all your typical service you know
00:32:07.080 marketing and tech and all of that um but it's very easy not to in this space because this is
00:32:13.800 literally a business you can run by yourself from a laptop anywhere in the world and there's value to
00:32:18.200 that lifestyle like let's be honest if you're making 100 grand a month in profit you can go out and
00:32:23.160 buy anything you want do anything you want what's your incentive to go out and build a team and right
00:32:28.600 take on all of those you know headaches and responsibility and so no there's a lot of truth
00:32:34.040 to that like more is not always better no well so here's the interesting part right so that business
00:32:38.680 we did build it we built an amazing office in downtown austin we hired 12 people and we did more
00:32:45.080 revenue than i've ever done in my entire life and my take home what i netted that year was exactly the
00:32:50.200 same as the year before when i was by myself at my house bro you appreciate the choir trust me like
00:32:56.040 my business my business i made i made more money in 2012 and 13 than i make now because i reinvest so
00:33:05.880 much more because i'm building a platform to get to a b you know i'm not trying to be in the m's i'm
00:33:11.480 trying to be in the b's and so that platform and i have to explain this to our guys here a lot
00:33:18.920 costs our fucking money you know what i mean and even though we're doing really well i have to they 0.92
00:33:24.200 they don't understand that like i'm making a big fucking personal sacrifice by investing in what 0.92
00:33:29.640 we're doing here because i believe in it you know well and there's a second side to it you're building
00:33:34.920 a sellable asset right so here's the other part of the info space that's a little bit tricky there's the
00:33:39.480 the advantages and disadvantages one of the disadvantages is that you can't sell the business
00:33:44.120 it's you tony robbins can't sell tony robbins's business and neither can robert now yeah he's
00:33:48.840 gonna work his balls off yeah it's it's a treadmill you can't get off of and so to the incentive to
00:33:54.760 reinvest in the business if you can't sell it at the end of the day it's kind of like uh um we're here
00:34:01.560 and what you guys are building you're building a sellable asset so it makes sense there's an
00:34:04.680 incentive for you to do that but i would guess it's it's i think the answer to that question
00:34:10.360 about how much should you expect is is it depends it depends on what you want yeah it depends on your
00:34:15.480 goals yeah you know i could very easily very easily not reinvest money back in my company and make a lot
00:34:23.560 fucking more money and stay exactly where we are and a lot more money than i make personally you know 0.79
00:34:29.080 what i mean and and i make a lot of money right so you know i you have to find other reasons why
00:34:36.520 you're investing once you get to a certain level like i'm not just doing this because of me because
00:34:41.240 if i was doing it for me i would fucking stop growing and stay right where we are and make 0.93
00:34:45.160 fucking four times as much money and be balling on g650 for real but and that is my goal yeah but
00:34:53.080 like dude i have guys who have worked here for 10 fucking years with me outside my business partner 0.99
00:35:00.280 who's been here the whole time you know i have guys who have moved here from other states who have
00:35:05.800 given me years and years and years and years of fucking loyalty and great you know service and learn 0.96
00:35:12.760 and built careers and like dude i owe it to them to get this company to a point where they can enjoy
00:35:19.000 some of the fruits of that as well and that's how i look at it sure so i have you know i'm willing
00:35:25.160 to to and i'm not trying to because i do well i'm not trying to like pity party myself but i'm willing
00:35:29.960 to make a lot of i think a lot of people in my position would say fuck that and take the money
00:35:33.720 that's what i'm trying to say yeah it just depends on what you want right exactly yeah i enjoy coming
00:35:38.360 here i enjoy making fun of tyler's fucking shorts you know what i'm saying like i enjoy busting dave's 0.99
00:35:44.120 balls and like making fun of my brother for showing up at noon like that makes my life better
00:35:49.560 you know what i'm saying right like i mean you've been here for half a day and you understand there's
00:35:54.600 a lot of sarcasm that gets thrown around here like how fucking yeah how fucking bored would i be 0.59
00:35:58.440 without that it's awesome when your business is in a in a place of stability yeah to where you're not
00:36:03.960 stressed out worrying about how you're going to pay payroll yeah and you can have fun with it yeah
00:36:07.400 like that's great yeah yeah mike you know this is information products on a very large scale of your
00:36:15.400 livelihood so i have to ask you a really straightforward question there's a lot of
00:36:19.480 people out there making products right so my question is is there is there an end point to
00:36:26.680 this are we in a are we in a is this a limited like the next five six years you know information
00:36:32.200 products are gonna be hot and then boom it's gone nobody's gonna be it's an interesting question that
00:36:36.760 i actually asked myself this this last year in a pretty hard way because one of the goals for
00:36:42.200 self-made is to turn this into a substantial e-learning platform that's not the mike show
00:36:47.800 and to build it into a sellable asset uh at some point where i'm just maybe a tiny little
00:36:52.840 thumbnail on the about us page right um and you look at all of the other sites out there like linda
00:36:58.920 like skillshare like creative live like youtube frankly and uh information's becoming a commodity
00:37:06.120 right so what you're what i'm selling at the end of the day what i've realized is not information i'm
00:37:12.680 selling leadership i'm selling uh my personality my relationship and i'm selling leadership uh when
00:37:19.240 it comes to my audience that's what you guys are doing here and so we might all be talking about the
00:37:23.720 same things on 10 different podcasts and shows or whatever it may be and y'all have your audience i have
00:37:27.880 my audience and at the end of the day people are listening because they like listening to you right
00:37:34.520 so um and then from a from an information standpoint what's the value in that in the future well for me
00:37:41.560 the goal of of the site and and what we produce in the the lessons is to deliver uh and empower people to
00:37:48.840 obtain a new skill set so the biggest transition point in my life was when i stopped looking for success
00:37:56.040 to come from something outside of myself such as an opportunity a company or a product or a marketing
00:38:01.400 gimmick uh which i chased for five years unsuccessfully and it's when i realized i needed to become
00:38:08.600 the a person who was capable of getting the result that i wanted and for five years i was not that person
00:38:14.840 and so how do you change how do you become a more valuable asset to the world so that you can get paid
00:38:20.440 more essentially uh you obtain new skill sets that are that are rare that have a lot of value
00:38:26.040 that have a lot of demand for me that skill set was copywriting and google adwords and so obtaining
00:38:31.960 that skill set was the huge inflection point in my life and so ever since then my mission has been
00:38:37.400 dedicated to really sharing that message and to providing people with the knowledge and the skills
00:38:44.120 they need to go out and execute something and not just talk about it but produce a result because
00:38:49.160 that's the moment your life changes so that's great i love that you talked about the importance of you
00:38:55.240 said people you know a lot of us are talking about the same thing you said what they're listening to
00:38:59.000 is they're listening to you which goes to what we say all the time which is your niche is you yeah and
00:39:04.520 the more you're yourself the more you build your biggest competitive advantage is your authentic self
00:39:09.080 yeah because no one else can be that so if you could develop that into a product
00:39:13.640 you know which all like if you listen to personal branding two episodes ago you should be
00:39:18.360 uh you have something no one else can fuck with you know but here's the thing let me answer that 0.95
00:39:25.160 question too because here's where i think it's going i think right now you have the early adopters
00:39:30.840 that understand how to market shit on social media and they're not necessarily the most qualified or edified
00:39:39.720 experts in what they are teaching and i think what you're going to see is you're going to see
00:39:44.200 a separation from the bullshitters from you know the guys who are selling info products on
00:39:51.320 shit they never fucking did like an entrepreneurship versus guys who are selling info products on that 0.93
00:39:57.800 have built real companies who have done real things and i think you're going to see a separation because
00:40:02.440 right now you have a lot of guys that are just doing it for the fucking money well those they've been 0.95
00:40:06.040 here and always have been and they come and go yeah and you're going to see i think what you're
00:40:09.240 going to see now because like dude when you and i were growing up we're real close to same age you
00:40:14.280 know you had fucking tony robbins you had uh the carlton sheets and you had these other guys um 0.98
00:40:21.960 and you know we didn't know if those guys i mean the only thing we knew is what we saw on
00:40:27.800 fucking tv right but now you get to know about people like you can google them you could see what 0.81
00:40:34.280 they really are what the real company and so there's you know while tony robbins has made a
00:40:40.520 successful career out of being a motivator and i i believe tony robbins provides tremendous amounts
00:40:47.080 of value like i would not be who i am without listening to his shit and that's the truth but 0.91
00:40:53.560 he's not you know back in the day there was no way to qualify him as an expert when he first started
00:40:59.960 he's just a dude spitting some motivational shit that you got value from but now people are looking 0.62
00:41:06.360 beyond or going to start looking beyond what that is to find out what people's qualifications are and
00:41:12.760 i think when that starts to happen you're going to see a shift from you know a bunch of dudes i could
00:41:16.680 name right now to a bunch of dudes who have actually done real shit right it's just longevity right 0.64
00:41:22.440 the ones who are being authentic and real will be here 10 years from now and the others won't right
00:41:26.520 that's true you know and i think they're always going to be info products and courses and all this
00:41:31.480 shit but it's it's like mike just said it's going to be there's going to be a separation so like dude 0.55
00:41:38.200 gary vaynerchuk comes out with the info course everybody's fucking buying it right you know what 0.86
00:41:41.560 i mean the dudes built real companies right you know so and you know i wouldn't be surprised if he did
00:41:49.080 that it's interesting he he talks about why he hasn't right have you have you heard him discuss why
00:41:55.080 he hasn't monetized his content yeah yeah it makes sense you know he's making more by building his
00:42:00.600 audience to get exposure for vayner media and all of his other stuff so take awesome well that that is
00:42:05.800 why you don't see real entrepreneurs doing it because they're making real money doing real
00:42:10.200 shit right you know like yeah what's your time worth right you know what i'm saying right absolutely 0.76
00:42:15.320 i only have so many hours in a day you only have so many hours in a day but uh you know the more i
00:42:19.880 examine that space and i've talked about this a couple times now in the podcast the more i'm starting to
00:42:24.760 feel an obligation to do something in that space because personally because i feel like that there's
00:42:31.080 a lot of misinformation or theory as opposed to real shit that people need to know about running a 0.67
00:42:37.240 business sure and uh you know it makes me like i've always been very vocal about not doing those
00:42:42.840 things but it makes me like i almost feel obligated at this point because i'm seeing so much bullshit
00:42:49.800 you know what i'm saying yeah no i get it like i don't know it's like my internal struggle lately
00:42:55.160 like i've been like i don't know should i or shouldn't i or should i or should not i mean
00:42:59.960 the the best motivation that someone like yourself would have for putting the time into developing
00:43:04.840 something like that is the ripple that you get to create right so i still to this day uh have people
00:43:11.640 come up to me at events and stuff for like hey i read your book 10 years ago right absolutely dude that's
00:43:16.360 the thing like we were talking about on your show earlier my biggest thing the best part about what
00:43:22.200 we do here with this with the msco project is people who comment or write me an email or message
00:43:27.400 and say look i started putting these principles in play it's changed my fucking life you know it saved 0.96
00:43:32.440 my life it you know and i get comments like that dude and it's it's real shit and like you know i'm 0.84
00:43:38.680 only giving people like a tip of you know just a tip you know love that game yeah everybody loves
00:43:47.720 that game so it's funny how all of our minds went to there yeah yeah so i don't know it's cool though
00:43:54.680 but um but yeah man uh it's interesting to see it's interesting how easy it is to get something going
00:44:03.160 right now you know it's never been easier which is why i don't have a lot of patience for those questions
00:44:07.240 oh yeah yeah i just don't have a lot of patience for it uh that's because you had to do it in the
00:44:11.160 days when it wasn't that easy right before bro i was going door to door before youtube or any of
00:44:15.800 this stuff right knocking on doors and bugging the shit out of people right and i hate that 0.97
00:44:20.200 shit i'm not that kind of person right you know but yeah man uh entrepreneurship has never ever ever 0.58
00:44:29.720 been more accessible and i think that you know learning the tools and learning how
00:44:37.080 social works and learning how to impact people is such an important part of what needs to happen
00:44:45.400 but it's something that so many people look past because they're worried about like trying to make
00:44:51.080 a dollar today right you know you can't impact people in one fucking day i mean you can on that 0.95
00:44:56.360 chance that you you have that one extra special piece of content that makes people really think or
00:45:03.000 but the reality is is that dude you gotta you gotta talk to people and conversate with people and
00:45:07.480 and make people part of what it is you're doing over time that's going to build the sort of following
00:45:13.720 that will will sell a product 3.2 million dollars in eight days or whatever you know that's
00:45:19.240 fucking insane you know what i mean um i don't know i love hearing i love hearing that i mean it's 0.82
00:45:24.920 built on it's built on what we we discussed earlier and i know you talk about on the show all the
00:45:28.440 times that you have to be willing to give without want before you can get yeah and um and genuinely
00:45:33.160 genuinely yes that's the key like a genuine i'm genuinely doing this because i want to improve you
00:45:39.160 it's not i'm trying to manipulate it well and it's not hey i posted you know 10 free videos on youtube
00:45:46.040 and i haven't made any money right no you missed the whole point yeah right yeah you see people say
00:45:51.080 that shit too right they're like oh i put out all this content for free and i don't get anything out 0.83
00:45:54.920 of it it's like look man you know so buy my shit you know like you're doing it wrong dude right like 0.94
00:46:02.120 people will reciprocate if you if you give like you don't have to ask you know like dude we're selling
00:46:07.800 the shit out of the children's books and i haven't asked anybody to buy it i just presented what it is 0.84
00:46:11.800 and put the link up you know what i mean like literally i think you've posted four times yeah so
00:46:17.480 you had one you had one facebook live yeah to announce it but i mean it's just it's cool because
00:46:22.920 like i know who's buying it's people listening right now and the reason they're buying it is
00:46:27.000 because they appreciate what we're doing and by the way guys thank you so much for all that because
00:46:31.400 it's been really it's it's it gives you it gives you faith in humanity like people still you know like
00:46:41.240 when they when you do things for people they still feel like they're going to do something back
00:46:45.080 for you it's it's it's amazing like it makes you feel good about especially our audience because
00:46:50.360 i mean clearly they're the most intelligent people on earth they're listening to our podcast
00:46:55.400 clearly but uh back to your previous point they they say oh i put up seven videos and i and i took
00:47:04.040 all this time to you know provide value and nobody bought it but if you really why don't you put like
00:47:08.840 700 videos well not only that and i say shit people have a completely whacked view of how long this takes
00:47:15.160 right so they do it for like three weeks and they're like well i was really selfless for three weeks
00:47:19.080 you know you know you know instead of like a prolonged i mean we've been doing this for
00:47:24.040 we've been doing this podcast for two years yeah you know yeah which is not three weeks no and i love
00:47:29.960 it yeah i look forward to every episode i do too but you because i love to hear myself talk i know you
00:47:35.160 do but uh but but the point is is that you know people don't under they don't have a really uh
00:47:40.040 realistic understanding of how the time investment yeah agreed and uh you know when i was thinking about
00:47:45.800 starting the self-made uh man podcast and i called up our all of our mutual friend louis house
00:47:50.520 and um i listened to his show all the time and i was like lewis we're what are the pointers man
00:47:54.920 give me the lowdown on building a really successful podcast and he said unless you're going to commit
00:47:59.320 to doing at least one episode a week for two or three years don't even start yeah and uh you know
00:48:04.200 what i like about him too dude is that he's very he's very helpful like he's not one of those guys
00:48:09.080 that tries to keep all his secrets yeah like dude you call him up you say hey dude what's the deal
00:48:13.800 with this and he'll tell you the truth i think any anyone is actually successful i haven't found
00:48:18.040 anyone who's not actually successful that holds stuff close to the vest because we all know what
00:48:23.000 battles we've gone through and the fact that we're all still here and alive like we've gone to war
00:48:26.760 together yeah yeah like of course i'm gonna help you yeah yeah yeah absolutely he's just he's been
00:48:31.640 overly overly cool about that with me yeah so like i don't know i just think he's a good dude yeah he's
00:48:39.240 great you know he's great but that's it it's putting it in perspective the amount of time and
00:48:43.560 effort and work that you need to put in to create that foundation you know that was really powerful
00:48:47.720 to me like wow two to three years really and that's how long it took him for his show to gain momentum
00:48:52.200 you know before anybody really heard about him um and i've seen that to be the case with ours you
00:48:57.560 know we're a year and a half in now and and just now in the last six months starting to see an upward
00:49:03.640 you know curve um and it's 100 plus episodes you know into the project so yeah and that's discouraging
00:49:10.280 when you're putting all your heart and soul into something and you know you're getting
00:49:14.840 fucking 100 people listening or 20 people listening you know and people see that and they think that 0.51
00:49:21.000 that's just them like oh that's just me nobody cares about no man nobody cares about anybody in
00:49:26.280 the beginning like you've got to build that momentum you know it takes time yeah just because
00:49:31.000 you got five fucking likes on your facebook post and four of them was your fucking family 0.98
00:49:35.240 that's how everybody starts you know what i mean eventually you get to a point where your family
00:49:40.520 stops liking your shit because you're getting so many other people i mean i think it took us 0.87
00:49:45.320 three maybe four weeks before we hit a million oh yeah yeah but that's i mean that's awesome
00:49:50.200 yeah i know that's different i know but uh mike you guys i think we're talking about this a little
00:49:56.280 bit when i just stepped out but uh oh you stepped out nobody even noticed i did nobody noticed um
00:50:03.160 um you we've talked about this before that there's a there's a journey that every entrepreneur who
00:50:09.720 really makes it big kind of goes through they start out being motivated by money and then over time they
00:50:13.800 realize that that's just not going to cut it you know as as an enduring motivation right that's so
00:50:18.680 funny you brought that up yeah we talked about this so so yeah we'll see that's why you pay me the big
00:50:24.280 bucks yeah that i anticipate what you're going to want to talk about but i mean where are you at right
00:50:29.320 now with your ultimate drive and motivation and be i mean to be real frank just be be be more
00:50:34.760 specific than just the betterment of humanity tell me tell me tell me what like you know i'll tell you
00:50:40.520 i'll tell you what andy and i talked about talking about in purpose in person earlier this is it's
00:50:44.600 cool you brought this up um i'll be super uh andy i know you're the same way but i don't think there's
00:50:51.560 any point in trying to uh to hide you know your your losses from people because i think those are
00:50:57.240 where everybody gets the most education no question and um so we're talking about this
00:51:01.880 earlier i'm 39 i'll be 40 in september and i'm like man this has been a this has been a tough
00:51:08.200 two years for me because i found myself in a situation at 39 where i am not where i anticipated
00:51:13.320 being considering my previous levels of success so you know four years ago when we ran into this this
00:51:20.760 dude who blew everything up uh you know that cost me everything my house marriage my business
00:51:27.320 partner uh we were in itutake new zealand he's getting wedding you know getting married in this
00:51:32.120 destination beautiful destination wedding i'm his best man and we're taking our best man entourage
00:51:38.200 photos right uh on the island an hour before the ceremony and his phone rings and he answers it and it's
00:51:43.880 his doctor who he'd been to a week before and is like hey i just needed to let you know that we
00:51:49.720 got your blood results back and you have leukemia and this is an hour before he's getting married
00:51:55.000 right not the news you want to get and we're both of the belief that that was caused uh you know from
00:52:02.360 the stress from the the business crap that we were going through so uh you know i had achieved all of
00:52:09.080 my goals had everything i want and here i have i've lost it and i'm in my my late 20s and i'm
00:52:13.080 essentially having to start over so um you know now because i have that foundation and i have that
00:52:20.840 audience and i've built relationships with these people for 10 years it's unbelievably easy for me
00:52:25.080 to start a new business and to see success again which i have and i've rebuilt my my uh my little
00:52:30.280 mini empire if you will but um you know the values and what's important has definitely changed
00:52:36.040 after going through something that challenging and difficult i came out of it with uh
00:52:42.040 an appreciation for everything in life that i had as long as nobody was bleeding that i love like
00:52:48.120 bleeding out in front of me and dying everything's good doesn't matter they don't have a house anymore
00:52:52.200 doesn't matter they don't have this other stuff like as long as the people i love are not in trouble
00:52:56.520 life is fucking fine uh so that was a really huge shift for me where it stopped being about chasing
00:53:02.520 you know the hundred million dollar mark the 500 million dollar mark and you know all of the
00:53:07.000 material accomplishment sides of life and it really put things in perspective so that was a really big
00:53:13.400 reset uh for me and now at 39 there is a side towards like okay i need to get my shit back together
00:53:20.680 i'm going to be 40 i'm officially going to be an adult when you hit 40 there's no more excuses right
00:53:25.080 yeah uh the hair is starting to starting to to fade and and thin and uh it's like
00:53:30.200 shit i have to really build back everything again uh and i don't want to lose that i don't want to go 0.87
00:53:35.800 through that a second time i can't afford to do that right so um right now the priorities are build
00:53:44.600 something which has always been the case that's going to provide the biggest benefit to my fellow
00:53:48.920 humans that i can that's going to create a legacy for me in that regard of of building people up and
00:53:55.720 improving people's lives and then to take a much more conservative approach when it comes to to
00:54:00.680 finances and money and asset protection security and all of those all of those lessons learned that i
00:54:06.680 took away from that event um and then from a giving standpoint a charity standpoint you know i
00:54:13.800 i'm one of the biggest uh contributors to charity water and scott harrison who's become a really good
00:54:19.320 personal friend of mine and so always having that as a built-in part of the business where we give a
00:54:24.520 percentage of profits and revenue every month to that specific uh group has become a huge priority
00:54:30.040 as well and when i had the least amount of money uh in my life in the last two years is when i signed
00:54:36.840 on to my biggest obligation from a charity perspective it was a sixty thousand dollar a year donation
00:54:42.200 um which i should not be making from a financially sound you know approach um but it was just from
00:54:50.280 an abundance mentality and and where i wanted to be and uh again coming through that an event if
00:54:56.440 if the money that i'm making can have an impact on 10 000 plus people a day or not a day a year and
00:55:02.040 give them clean water and like change their lives then awesome yeah you know so it's just been a it's
00:55:07.160 been a huge lesson learned and a huge reset uh for me but at the same time i'm not neglecting myself
00:55:13.640 either and what i am truly passionate about in life is racing cars yeah and and that's been my biggest
00:55:18.840 passion for many many years now and um and so i i still do that and you know i bought the i bought
00:55:25.320 the ferrari that i've i've had my eye on and for me that's about my daily pleasure you know andy and i
00:55:29.800 were talking about earlier the fact that if you until you've owned a supercar you don't really get it
00:55:35.640 and it's not about showing off it's not about being seen it's about the fact that you can make
00:55:39.400 a 10 minute run to a grocery store and scare the shit out of yourself that you know just gives you 0.68
00:55:44.680 this adrenaline rush and it's just it's just awesome it's the greatest thing ever yeah it is
00:55:48.920 yeah it really is dude it's so awesome to hear that about the given the 60 000 when it's not making
00:55:57.960 sense because i am a huge believer that giving is relative right like you know a dude who's got a
00:56:05.800 billion dollars and he gives a fucking fifty thousand dollar donation it's like me giving five bucks you 0.95
00:56:11.160 know so i i am a firm believer that and i don't like in the universe or god or whatever you want to
00:56:20.440 say that dude when you give and it means something to you like it's a sacrifice for you to do that
00:56:27.720 that's when like you get it back tenfold right you know what i mean and you shouldn't do it to get it
00:56:32.040 back but dude i've given so much money away and like it all i always i don't know it always it comes back
00:56:40.440 tenfold in every way and i don't have an expectation of that if it doesn't it's fine but it always has
00:56:46.280 and that's just a fact yeah and uh i just i don't know like dude it takes a special kind of human
00:56:52.680 to do that when it's you know when it's not just an easy thing to do like you know like oh here's
00:56:59.400 10 bucks or here's 50 bucks right you know what i mean i don't know that's fucking cool it's just an 0.61
00:57:03.960 abundance mentality dude it is it's a complete belief in myself and the way the world works and
00:57:08.440 i have i have a 10-year history of a shit ton of success in what i do so it's uh it's not a risk
00:57:16.440 for me in that regard yeah yeah i get it but it's just cool to know that like because that's a testament
00:57:21.640 to your belief in that like a real testament what so what was that uh if we want to give a shout out
00:57:26.520 for that charity that you yeah charitywater.org charity they're uh they're unbelievable they're
00:57:30.920 the most high-tech cutting-edge charity organization in the world uh they're one of
00:57:36.120 well they're really the pioneer that where they give a hundred percent of every donation it's
00:57:40.920 deployed to the field in a verifiable literally satellite photo way uh even your merchant fee
00:57:47.240 from the credit card the three percent they reimburse and that goes into the field oh and uh and so
00:57:52.040 unlike you know red cross or all this other bullshit stuff that gets eaten away by administration 0.81
00:57:55.880 and you never know what happens to your money this you get photos from the well that your money went
00:58:01.560 to you know and of the villagers and you can look it up on google maps and uh that's cool they're
00:58:07.240 amazing yeah that's awesome that's super cool and a real charity no shit man uh gary v is actually
00:58:17.560 part of the part of the group as well and a bunch of silicon valley guys are and yeah yeah yeah it's
00:58:21.640 it's called it's called the well if you're if you're having a degree of success in your life
00:58:26.040 and you want to you want to participate um call them up and email them and ask them how to join the
00:58:30.360 well and uh it's a pretty awesome yeah group have you flown over there with them i have i attended their
00:58:36.920 grand opening for their new york office yeah a year ago and it literally is run like a silicon valley
00:58:41.800 startup yeah it's a bunch of ex-googlers apple apple employees facebook people who gave up unbelievably
00:58:48.840 lucrative salaries to uh come in and work for a fraction of what they were making because they
00:58:55.080 just believe in the mission right so right yeah that's great so so maybe you guys uh talked about
00:59:01.000 this already like i said i stepped out no one noticed but uh what's what's on the agenda for
00:59:05.800 the future i mean like in terms of uh you you've gone through a couple things but you know what's the
00:59:10.520 grand plan you know you're you're uh you're you're you're laying on your bed right before you die and
00:59:17.240 your life is flashing before you and i mean what's the what's the hope that what are the scenes that
00:59:23.480 are going to pass man that's a tough that's a tough question i i wrestle with because i have expectations
00:59:29.240 for myself and the kind of uh personal goals that i have financially and and you know what i want to
00:59:35.560 provide my family with from a legacy standpoint and uh and there's a lot of work to be had in that
00:59:39.960 regard right now yet at the same time i think as you get older the less important that side of your
00:59:45.080 life becomes you know again on the material side and um so i've been dealing with the juxtaposition
00:59:51.400 there but at the same time you know we've talked about this again today and on andy's show if you
00:59:57.960 forget about the money then you'll you'll actually exceed all of your expectations yeah there's a
01:00:01.800 paradox it is and so i'm having to remind myself is forget about your financial goals man like
01:00:07.320 build this platform and and focus on how many emails and letters you get from people thanking you
01:00:15.160 that you've had a positive impact on their life and if you just focus on that number the rest takes
01:00:19.720 care of itself there's always gonna be a way to make the make the money come yeah right yeah yeah so
01:00:24.520 this podcast uh we straddle a business and success we're not really a business podcast we're not really
01:00:30.840 successful we're kind of both right so we've talked a lot about business which you know all
01:00:35.240 these are overlapping but i know our listeners are hugely committed to self-development so why don't you
01:00:42.840 share some of your personal habits i'm the wrong i'm the wrong guy to ask for that brother um i'm uh
01:00:50.200 it's interesting i don't know if you're the same way andy or not but i am so effing stubborn when it
01:00:55.960 comes to not being told what to do that i don't even let myself tell myself what to do
01:01:01.640 and the me and the fact that i've tried all of my life to have these daily morning habits rituals
01:01:07.160 right disciplines etc routines and i'll have it for a day and that's it because the next morning i might
01:01:13.640 have had a lot of fun with some friends the night before i don't want to wake up at 6 a.m and go work
01:01:18.600 out i just want to sleep in and i'm like you know what i'm gonna do what i want to do so right that's
01:01:23.880 never worked out well for me um but at the same time again that's a whole nother thing what we
01:01:28.200 talked about it's about finding what works for you right and sometimes that works yeah it's you know
01:01:33.560 i became an entrepreneur because i want to do what i want to do when i want to do it right and um with
01:01:38.840 that with that being in mind there's one habit that i've i've taken with me since the beginning of my
01:01:43.480 career which is unbelievably simple but it works for me which is the daily three to five list of the
01:01:48.760 tasks that i need to get done there you go putting that in evernote every day i've heard that yeah kind of
01:01:53.640 sort of it kind of works doesn't it yeah and uh the analogy that i use for that is uh bricks so if
01:01:58.840 you want to build a mansion it's going to take you five or six years to build it and if you lay three
01:02:02.920 to five bricks a day you'll eventually end up with a mansion uh but that's it you've got to lay your
01:02:07.240 bricks every day and get it done and if you take a long enough approach to what you're working on you
01:02:12.600 will end up with the result that you want uh and that's it that's my that's my one daily discipline
01:02:17.160 that i do that's great that's great exactly the same as mine and if you want to hear that in detail
01:02:22.440 you can go listen to uh win the day podcast which is episode oh gosh 117 117 yeah um but it's called
01:02:30.520 win the day so we go into that the whole episode is dedicated to what he just said mike how do people
01:02:35.480 connect with you on social media what's your what are your handles you know mike mikeyler.com is the
01:02:40.440 central hub where i have links to to everything i'm not super active on social you know i have facebook
01:02:45.480 and instagram but i i might post instagram once every two weeks yeah uh but the podcast goes up
01:02:50.920 every week and and um you know we have a an email list with all of the new stuff that we have coming
01:02:56.360 out but uh you know i wish i was better i wish i was more of an extrovert on the social media side
01:03:02.280 that's it but yeah mike diller.com is a great place to start and and that's it so let's close it out with
01:03:08.760 this question because you asked me this on your show and i want to ask you the same thing if you could
01:03:14.760 give one piece of advice to somebody listening right now who is uh a beginning entrepreneur
01:03:23.320 um what would it be master a skill set that's the that's the key to everything if you master
01:03:28.840 a skill set it empowers you to take action and to get a result and to create momentum in your life
01:03:34.600 uh and it turns you into a source of value for other individuals so figure out how your brain is
01:03:40.280 wired uh if you're an analytical numbers based person go out and master a skill set when it
01:03:45.080 comes to facebook advertising if someone did that over the next three to six months
01:03:49.400 they could start a little facebook agency and run other people's you know paid out of clients and make
01:03:54.680 literally 500 grand to a million dollars a year just by themselves running that agency from home
01:03:59.160 right uh if you're on the creative side uh such as myself learn copywriting uh you know that and
01:04:07.160 learning how to sell through the written word whether that is through webinars or through videos
01:04:12.360 or through website copy or through emails is literally the golden ticket where you can go
01:04:17.720 out and either sell your own products or services or others and when i say master a skill set i i really
01:04:23.480 mean master it don't watch five videos on youtube and think that you've got this whole thing figured out
01:04:27.800 it's going to take you two to three years to do that the best way that you can get experience is to
01:04:33.320 go offer to do it you know for others uh you know like andy or like myself for free or or at a discount
01:04:39.240 or whatever it may be get real world experience get paid to do it as an employee if you need to
01:04:46.040 and go unbelievably deep to where you could literally write the next book on the subject matter and have it
01:04:52.040 be you know the the biggest source of authority in that industry and if you find yourself in that
01:04:56.040 position you've already made it like you can just really write your own ticket yeah amen i agree
01:05:01.000 well dude thank you so much for coming on the show man yeah thanks for having me really really cool
01:05:04.680 i'm super super uh this is one of my favorite episodes we've done just like dude i just love
01:05:11.560 talking to you man so i'm so glad to have you on thank you well i can't uh i can't wait to have
01:05:15.080 you down to austin for uh f1 this year yeah yeah and get some time around the track yeah we do need to
01:05:21.560 take a little time to uh share some important uh links uh the mfceo.com forward slash badass books
01:05:28.200 it's andy's reading list guys if you haven't checked it out go ahead and check that out uh
01:05:32.040 we've made that available and it's not just a reading list he shared some uh some salient thoughts
01:05:37.000 on each resource and then andy's at andy for seller tyler's at my m a i underscore t y l e r my tyler
01:05:45.880 and i'm at v-a-u-g-h-n-k-o-h-l-e-r so connect with us because andy's got a lot of videos on
01:05:51.720 instagram it's still amazing how many people don't know that yeah there's listeners to the
01:05:55.320 podcast that don't know that there are uh awesome videos that you post on instagram and youtube so
01:06:00.520 and the mfceo.com little mini uh podcast almost on a daily basis there yeah so guys also look um
01:06:09.160 all i ask for this if you found value in the podcast please share with a like-minded friend you
01:06:13.800 you know let them know about us that's that's how we grow we don't advertise the podcast we don't
01:06:17.880 sell things on the podcast if you're interested uh if you have a friend who's interested in what
01:06:22.440 we're talking about and you think they benefit just share us up we really appreciate it so guys uh
01:06:28.840 we will talk to you next time